How to Save Big with Telecom Expense Management
October 02, 2013
By Mandira Srivastava
, TMCnet Contributor
These days, telephone charging plans are so complicated; it is hard to know if you are paying your telecom provider too much. The problem becomes geometrically more complex for corporations with thousands of phone lines, data lines, switches, cell phones and tablets for which it now must pay. Few companies have the time, expertise, specialized systems, applications or processes to handle their ever more complicated telephony bills, which have become an important place to save money.
Alsbridge, an international firm that helps clients evaluate benchmark and source transaction management for information technology and business processes, recently published a report, “A Better Way to Cut Costs with Telecom Expense Management”, which explains how enterprises can tap into big savings through telecom expense management.
The Alsbridge TEM team helped the third-largest book retailer in America to run all its telephony bills through a TEM system and this has resulted in lots of business benefits. The retailer was surprised to see amount of cost savings, and considers the biggest benefit the in-depth inventory it received through the telecom expense management system. Telecom expense management systems offer the business intelligence and analytics to optimize business decisions and identify opportunities to build operational efficiencies.
Alsbridge helped hundreds of companies reduce costs and get more value from their vendors. The company offered experienced consultants leverage proprietary tools and information databases to identify and engage the optimal vendors for your situation, negotiate best practice terms at fair market prices, and improve the way you work with your vendors.
Phil Hugus, managing director, Network Services Group at Alsbridge, said in a statement, “The current economy is forcing many companies to focus on expense control management on a heightened level, in today’s connected world; companies are dialing into Telecom Expense Management (TEM).”
Edited by Rachel Ramsey